Law and Political Sciences | Article | Published 2021-03-01
This article analyzes the general concept of legalization of incomes received from criminal activities. The author drew attention to the fact that the legalization of income derived from criminal activity represents a serious threat to national interests since it is a necessary condition for the creation and functioning of organized crime in various spheres of social life. Legalization of revenue received from criminal activities is a criminal and socially dangerous act constituting transfer, conversion, or exchange of property, which has been obtained as a result of criminal activities, as well as non-disclosure or concealment of original nature, source, location, way of disposal, movement, genuine rights concerning the property or ownership thereof in the instance if such property has been obtained as a result of criminal activities.
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